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CAPITAL

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Capital Market

Equity Fund Investors Don’t Trust The Rise Of The Stock Exchange

The five largest equity funds have lost 300 investors since the beginning of the year and recorded net withdrawals of around 15 million lei (EUR 3.59 million), although the overall trend of...

Roxana Pricop · 07.07.2011 · 00:00 · 2 min
ProCredit Bank Increases Capital To RON152.8M
Banks-Insurance

ProCredit Bank Increases Capital To RON152.8M

ProCredit Bank Romania has increased its share capital by around 12.5 million lei (EUR3 million) to RON152.8 million, the lender said in a statement Monday.

Florentina Dragu · 04.07.2011 · 10:28 · 1 min
Analysis

Government Failed To Help Economy With Capital Expenditures During Recession Years

Public investments have been dwindling for two and a half years, from the peak reached in 2008, 26.7 billion lei (EUR6.33 billion), with declines continuing into the first five months of thi...

Claudia Medrega · 29.06.2011 · 00:00 · 2 min
State May Sell 45% In Rompetrol Rafinare On The Bourse If It Loses Case Against The Kazakhs
Energy

State May Sell 45% In Rompetrol Rafinare On The Bourse If It Loses Case Against The Kazakhs

Analysts expect the Romanian state to carry out a public sale offer on the bourse for its 45% stake in Rompetrol Rafinare (RCC.RO) if it fails to recover the EUR516 million historic debts fr...

Roxana Pricop · 29.06.2011 · 00:00 · 2 min
Banks-Insurance

Aviva Asigurari De Viata To Cut Share Capital By RON83.3M, To RON109.8M

The shareholders of Romanian insurer Aviva Asigurari de Viata have decided to reduce the share capital by 83.3 million lei (EUR20.2 million), to RON109.8 million, by canceling a number of sh...

Radu Bostan · 13.05.2011 · 18:38 · 1 min
Capital Market

Alum Tulcea Ups Capital To RON491.4M

Romanian calcined alumina producer Alum Tulcea (BBGA.RO) will increase its share capital by 22 million lei (EUR5.4 million) to RON491.4 million through cash injection from shareholders, the...

Florentina Dragu · 27.04.2011 · 20:36 · 1 min